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This Multifamily Property is no longer advertised on LoopNet.com.
5042 SW Corbett Ave
Portland, OR 97239
Richardson Court Apartments · Multifamily Property For Sale
·
23 Units

Investment Highlights
- Vintage Apartment Property Just South of Downtown
- 23 Total Units in 2 Buildings
- Original Hardwood Floors Below Carpeting, Insulated Windows, Surface Parking, Landscaped Courtyard
- Strong Upside Potential thru Market Rents
- Owner-Managed 40+ Years - Currently Not Charging RUBs, Pet Rent or Parking Rent
- Ideally Located Minutes to the Downtown Core in the Johns Landing Neighborhood
Property Facts
| No. Units | 23 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1956 |
| Apartment Style | Low-Rise | Tenancy | Single |
| Building Class | C | Parking Ratio | 0.5/1,000 SF |
| Lot Size | 0.69 AC | Cross Streets | sw richardson court |
| Building Size | 24,180 SF | ||
| Zoning | RM2 | ||
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.69 AC |
| Building Size | 24,180 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1956 |
| Tenancy | Single |
| Parking Ratio | 0.5/1,000 SF |
| Cross Streets | sw richardson court |
| Zoning | RM2 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- Courtyard
- Laundry Facilities
- Bicycle Storage
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
| 2+1 | 14 | - | - |
Links
Property Taxes
| Parcel Number | R285364 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,907,420 |
Property Taxes
Parcel Number
R285364
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,907,420
Listing ID: 20457407
Date on Market: 7/30/2020
Last Updated:
Address: 5042 SW Corbett Ave, Portland, OR 97239
The South Portland Multifamily Property at 5042 SW Corbett Ave, Portland, OR 97239 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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